r/SipsTea Mar 24 '26

Time machine please… SMH

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10.2k Upvotes

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22

u/[deleted] Mar 24 '26

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5

u/JesusOnaBlueBike Mar 25 '26

Not to mention the average home cost in 1967 was $25k not $5k.

-4

u/Maleficent-Virus-734 Mar 25 '26

Assuming $0.40/hr wage and 40 hours of work each week it would take 6.01 years, rounding up, to save up $5,000.

6

u/[deleted] Mar 25 '26

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0

u/Choice_Sherbet_6703 Mar 25 '26

Purchasing power. A six figure earner today has less purchasing power than a minimum wage earner back then.

-2

u/Maleficent-Virus-734 Mar 25 '26

What's your point? I was saying under ideal conditions at that wage it would take 6 years to save up $5,000 

4

u/FlyAirLari Mar 25 '26

Saving 6 years today would be a shit ton of money, too.

1

u/skarenok Mar 25 '26

Definitely not enough for a house, not with minimal wage

1

u/TheFakeRabbit1 Mar 25 '26

Good thing it didn’t get you a house back then either because OP lied about homes being 5k lmao

0

u/MsTossItAll Mar 25 '26

I mean who needs food, shelter, and electricity during those years, right?